SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: koan who wrote (63375)3/29/2018 8:58:51 PM
From: Wharf Rat   of 363600
 
"You think Reagan saved social security? "

I think it was gonna be insolvent in 1984, and now we're saying it's gonna be solvent until '30-something. If you like, we can say he extended solvency 45 or 50 years.

"Social Security was definitely not “teetering on the edge of bankruptcy”
Really?

The following is a guest post by David Certner, AARP legislative policy director.

The last time we made significant changes to Social Security – including adjustments to benefits – was the 1983 Social Security amendments. At the time, Social Security had less than a year’s worth of solvency, and a bipartisan agreement to put Social Security on sound financial footing was essential.

blog.aarp.org
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext